Minister Reserves Corrective Coal Action Right, Pleads for Industry Cooperation
Investing News Network - February 2nd, 2011
Mining Weekly.com reports that the South African Mines minister is taking action to make sure that South African has enough coal to generate power.
Mining Weekly.com reports that the South African Mines minister is taking action to make sure that South African has enough coal to generate power.
The editorial is quoted as saying:
Shabangu told the packed McCloskey coal conference in Cape Town that the growth of electricity demand in South Africa had resulted in the erosion of State power utility Eskom’s generation reserves, resulting in a shortfall of coal supply.